You must be able to demonstrate that your business as a whole met minimum gross annual revenue in its most recently completed fiscal year prior to the date of application submission: If the applicant will work or report to work at a location in the Greater Toronto Area (including the City of Toronto, Durham, Halton, York and Peel regions),
you must demonstrate that your business had a total gross annual revenue of at least $1,000,000 (excluding HST/GST).
Meaning of ‘report to work’ In cases where the applicant will work at more than one location, the location where the applicant will ‘
report to work’ means: The location where the applicant’s immediate supervisor or manager works; or The location of the administrative office where the applicant will receive work assignments.
Further information is required to support that your business had a minimum of $1,000,000 in total gross annual revenue in its most recently completed fiscal year.
Please provide: Canada Revenue Agency Schedules 125 (Income Statement Information) and 141 (Accounting Practitioner Information) for the most recently completed fiscal year prior to the date of application submission
OR The financial statement for the most recently completed fiscal year, prior to the date of application submission signed by a chartered professional accountant (CPA).
You have
5 calendar days from the date of this letter to provide the additional information and/or documentation to the OINP by email at:
ontarionominee@ontario.ca
If you have questions, please contact the OINP at the above email address.
